Jeronimo Martins SGPS SA (OTCMKTS:JRONY) Stock Short Interest Report for October

Jeronimo Martins SGPS SA (OTCMKTS:JRONY) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 90 shares, a decline of 99.8% from the September 30th total of 38,449 shares. Based on an average daily trading volume, of 139,262 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on JRONY shares. Kepler Capital Markets upgraded shares of Jeronimo Martins SGPS from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 8th. Barclays reissued an “overweight” rating on shares of Jeronimo Martins SGPS in a report on Friday, July 3rd. Jefferies Financial Group upgraded Jeronimo Martins SGPS from a “hold” rating to a “buy” rating in a research note on Monday, September 21st. Citigroup reaffirmed a “buy” rating on shares of Jeronimo Martins SGPS in a report on Monday, August 10th. Finally, Royal Bank Of Canada assumed coverage on Jeronimo Martins SGPS in a research report on Monday, July 6th. They set a “moderate buy” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Jeronimo Martins SGPS has a consensus rating of “Moderate Buy”.

Jeronimo Martins SGPS Stock Down 2.0%

Jeronimo Martins SGPS stock opened at $40.28 on Tuesday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.35 and a current ratio of 0.64. The company has a 50-day simple moving average of $40.66 and a 200-day simple moving average of $43.88. The firm has a market capitalization of $12.68 billion, a P/E ratio of 17.14, a P/E/G ratio of 1.89 and a beta of 0.77. Jeronimo Martins SGPS has a one year low of $36.67 and a one year high of $52.97.

Jeronimo Martins SGPS (OTCMKTS:JRONY) last posted its earnings results on Wednesday, July 29th. The company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.60 by $0.12. Jeronimo Martins SGPS had a net margin of 1.73% and a return on equity of 20.03%. The firm had revenue of $10.67 billion during the quarter, compared to analysts’ expectations of $10.74 billion. As a group, equities analysts expect that Jeronimo Martins SGPS will post 2.53 earnings per share for the current year.

About Jeronimo Martins SGPS

Jerónimo Martins SGPS, SA is a Portugal-based food retail and distribution group with roots dating to 1792, when the original Jerónimo Martins grocery business was established in Lisbon. The company operates through retail, wholesale and food-service activities, serving consumers and business customers across Portugal, Poland and Colombia.

In Portugal, the group operates Pingo Doce supermarkets and Recheio cash-and-carry stores, which supply food retailers, restaurants and other professional customers.